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Technology Stocks : Vitesse Semiconductor
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To: Dalin who wrote (2436)4/8/1999 11:40:00 PM
From: A. Edwards  Read Replies (2) of 4710
 
Indeed, VTSS shares may be under pressure tomorrow amid concerns over
reduced BTB trend in connection with Lucent's outsourcing changes, which creates near term uncertainties. Nonetheless, what transpired from the conference call is that VTSS business remains healthy and management is very optimistic about 2nd half of the calendar year.

The investor confidence will be put to test. Let's see how analysts are going to interpret the numbers.

By the way, FWIW, Merrill reiterated 2-1 rating on VTSS today.
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